Schroder Real Estate Rent Collection Update

 
TIDMSREI 
 
For release 23 April 2021 
 
                 Schroder Real Estate Investment Trust Limited 
                      ("SREIT"/ the "Company" / "Group") 
 
                            RENT COLLECTION UPDATE 
 
Schroder Real Estate Investment Trust, the actively managed UK-focused REIT, 
provides an update on rent collection across its portfolio. 
 
The Company has collected 88% of rents due on the 25 March 2021 for the quarter 
ending June 2021, after allowing for agreed rent deferrals.  This is ahead of 
the equivalent date in the previous quarter.  The breakdown of collection rates 
between sectors is 98% for industrial, 96% for office, 83% relating to 
ancillary uses and 51% relating for retail and leisure.  The Company remains in 
active dialogue with tenants for all rents due to be paid and expects to 
recover a significant portion of the outstanding amount. 
 
The Company will provide a further update on rent collection when it announces 
its Full Year results for the 12 months ended 31 March 2021 on Wednesday 2 June 
2021. 
 
                                    -ENDS- 
 
For further information: 
 
Schroder Real Estate Investment Management   020 7658 6000 
Limited: 
Nick Montgomery / Frank Sanderson 
 
Northern Trust:                              01481 745529 
Jingjing Qi 
 
FTI Consulting:                              020 3727 1000 
Dido Laurimore / Richard Gotla / Meth 
Tanyanyiwa 
 
 
 
END 
 
 

(END) Dow Jones Newswires

April 23, 2021 02:00 ET (06:00 GMT)